Canada Mining News

Nautilus underwater project in Eastern Pacific richer than thought

Inferred mineral resources for Nautilus' CCZ project went up to 685 million tonnes from 410 million tonnes.

The gold mine Barrick may regret selling

K92 Mining (KNT.V) is poised for production at its Papua New Guinea (PNG) gold project and lists on the TSXV tomorrow under the symbol KNT.

Centerra Gold charged $98 million fee by Kyrgyzs court

Fresh string of penalties and fees are one of the latest signs of renewed tensions between the Kyrgyzstan government and the Canadian miner.

Gold price rally boosts Canada’s mining sector growth

Strong performance also came on the back of strategic initiatives, such as non-core asset sales, aggressive cost control measures and a disciplined approach in reducing debt.

Kinross Gold workers strike at Tasiast mine in Mauritania, shares plummet

Mauritanian workers complain that there is a major gap between their salaries and Canadian expats working for Kinross.

Rio Tinto showcases 187.7 carat rough diamond in New York and at Tel Aviv’s International Diamond Week

Rio Tinto has showcased one of the world’s largest gem quality rough diamond to customers in the United States and Israel.

Centerra Gold fined for environmental damage in Kyrgyzstan

Ruling is one of the latest signs of renewed tensions between the Kyrgyzstan government and the miner, which have been locked in a bitter dispute over profit sharing for years.

Blackrock backs Bacanora Minerals with $11 million investment

The move by the world's largest asset manager shows increasing interest in the lithium market.

Canada's Inuit group shows its members the mining money

Association is set to pocket 1.19% royalty on net Baffinland iron ore sales

Crude falls as Canada to resume oil sands output after fires

Cooler weather is helping to control a blaze in Canada’s oil sands region and allowing Suncor Energy Inc. and Syncrude Canada Ltd. to start getting back to work.

Dominion Diamond secures environmental approval for Ekati mine expansion

Project could help keep Ekati producing diamonds until 2033, or 13 years later than the expected end of its mine life.

Fort St. John's pro-LNG campaign example of real social licence

Community support for the project a test for Trudeau government.

Geoscience BC receives $5 million in new funding from BC government for mineral, water and energy earth science

Geoscience BC to launch its largest airborne magnetic survey this summer in west-central BC

Silver Standard acquires Claude Resources in $337 million deal

With the deal, Saskatchewan loses its only home-grown gold miner.

Wildfire hitting Canada’s oil sands heart gets closer to major plants

Situation has forced some companies to abandon plans laid last week to restart production.

Goldcorp is back and spending: Could West Red Lake Gold Mines be next?

In this article, Resource Maven Gwen Preston discusses possible target West Red Lake Gold Mines and how this company is shaping up to take advantage of the initial turnaround in the market.

Billionaire Soros scoops up $264 million stake in world’s largest gold miner

Fund now owns a 1.7% stake in Canada's Barrick Gold.

Canadian oil sands camps evacuated as wildfire shifts north

Forest fires in Northern Alberta have forced additional evacuations at several major operations.

Rio Tinto reaches 100 million carats milestone at the Diavik diamond mine

Canada’s largest diamond mine has been in production since 2003.

Getting a heartbeat on British Columbia miners

PricewaterhouseCoopers LLP (PwC) has recently released their 48th annual British Columbia Mining Report.

Eldorado Gold to sell remaining assets in China to Yintai Resources for $600 million

The deal marks the end of Eldorado’s reign in China.

Mongolia to pay $70 million owed to Canada’s Khan Resources

Move comes on the heels of Rio Tinto’s decision to resume work on a $5.3 billion expansion of the Oyu Tolgoi copper mine, following a three-year delay due to disputes with authorities.

Gold: Have your cake and eat it too

Investors love leverage.

Authorities to assess unwanted potash deposit in Canada's New Brunswick

Province wants to assess the remaining potash resource, if any, near the now closed Penobsquis mine.

Workers raise concern over K+S Potash Legacy mine road

K+S is responsible for the maintenance on the road, and they acknowledge that there are issues.